Asset Management
Winners of Alberta's Drilling Technology Challenge cover a range of technologies from robotics to enhance drilling rig safety to AI-enabled energy management, downhole sensing, well navigation, hybrid power systems, and geothermal energy.
The transaction broadens the company's North Sea footprint with long-life assets that boost production and reserves.
Sponsored
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Novatek is reporting a 6.3% jump in 2022 LNG exports, driven by Europe which has shunned Russian pipeline gas while increasing its purchases of Russian LNG. -
Spending on low-carbon projects will increase by $60 billion this year, 10% higher than 2022, led by wind developments but helped by a significant rise in funding for hydrogen and carbon capture, utilization and storage infrastructure, Rystad Energy research shows.
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A company plans to use compressed air to store energy underground in California. The US Postal Service makes a historic announcement. India and Brazil set their sights on green hydrogen, and ammonia cracking takes center stage in Germany.
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Projects in the running include one each from Nigeria, Saudi Arabia, and Guyana.
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The Oklahoma City-based operator struck the first big US shale deal of 2023 as it pivots toward natural gas developments.
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A big jump in the tax incentives offered for putting CO2 in the ground, hopefully forever, has set off a mad rush to sequester CO2. But is that really the best option?
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The $80-million preconstruction services agreement covers onshore facilities of massive, multibillion-dollar sour-gas development.
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Chevron is "encouraged and excited" after drilling its first successful exploration well in the Eastern Mediterranean block.
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The French operator will tie satellite field back to existing FPSO, with first oil expected in around 2 years.
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At a time when there are many models vying to be the one used to evaluate and plan carbon storage sites, the US Department of Energy wants to test one developed by SPE members.
